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Swift e-Bulletin

Introduction

Week – April 01st to April 06th

 

Quote for the week:

“Attitude is a little thing that makes a big difference.”

–Winston Churchill (Former Prime Minister of the United Kingdom)                      

We welcome you to our weekly newsletter!

The ‘Swift e-Bulletin’ - weekly newsletter, covers all regulatory updates and critical judgements passed during the week. We want this newsletter to be valuable for you so, please share your feedback and suggestions to help us improve.

Further, various regulatory authorities have been proactive in bringing significant regulatory changes in recent challenging times. This week’s newsletter covers various circulars/notifications issued by certain regulatory authorities such as the International Financial Services Authority (“IFSCA”) and Reserve Bank of India (“RBI”)

The Regulatory authorities provided various updates/relaxations, some of which being:

  1. RBI issued Circular on investments in Alternative Investment Funds (AIFs).
  2. IFSCA vide Circular dated April 01, 2024 amended the IFSCA (Vault Manager) Circular, 2021 dated August 25, 2021.

We have prepared a comprehensive summary for quick reference of the aforesaid updates and Judgements/ orders issued during the week of April 01st to April 06th.

Thank you, Swift team


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About Swift

Swift India Corporate Services LLP (“Swift”) (Formerly known as SwiftIndiaInc Corporate Services Private Limited) established in the year 2005, is an associate entity of Nishith Desai Associates — Legal & Tax Counseling Worldwide (legal and tax consulting firm).

We are a team of professionals with rich corporate, legal and secretarial backgrounds. We are a premier corporate compliance firm that caters to the needs and demands of our global clients. Swift aims to provide quick and pragmatic corporate solutions alongside high-quality compliances.

  


 

Swift India Corporate Services LLP

 

Regd. Office: 91-92 B, Mittal Court, Nariman Point, Mumbai 400 021, India

LLPIN: AAH-4705, registered under the Limited Liability Partnership Act, 2008

Tel +91 22 6669 5000, Fax +91 22 6669 5001

 


www.swiftindiallp.com